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Economy
Is The Economy Just Now Falling Apart
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<blockquote data-quote="Mad as Fish" data-source="post: 128284" data-attributes="member: 396"><p>Yep, machinery costs shot up during the early days of the Ukraine war because of the steel shortage brought about by the battle of Mariupol. They didn't come down again because of higher energy and labour costs, especially in Germany and manufactures won't cut prices on the same model, no quicker way of upsetting the customers who bought at the higher price.</p><p></p><p>What we are seeing now is companies making simpler machines, it was getting over complex in many instances with all sorts of digital bells and whistles attached, these have been stripped out and cheaper machines now roll off the production line, or creep off the production line as the industry is in the doldrums at present. </p><p></p><p>Fendt will always remain a premium machine, it is AGCO's pride and joy. SAME and Landini, are cheaper and will have wriggle room to reduce prices via the above method, and they have started, but only at the smaller end.</p></blockquote><p></p>
[QUOTE="Mad as Fish, post: 128284, member: 396"] Yep, machinery costs shot up during the early days of the Ukraine war because of the steel shortage brought about by the battle of Mariupol. They didn't come down again because of higher energy and labour costs, especially in Germany and manufactures won't cut prices on the same model, no quicker way of upsetting the customers who bought at the higher price. What we are seeing now is companies making simpler machines, it was getting over complex in many instances with all sorts of digital bells and whistles attached, these have been stripped out and cheaper machines now roll off the production line, or creep off the production line as the industry is in the doldrums at present. Fendt will always remain a premium machine, it is AGCO's pride and joy. SAME and Landini, are cheaper and will have wriggle room to reduce prices via the above method, and they have started, but only at the smaller end. [/QUOTE]
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